Nigerian commission hopes monitoring system will increase lottery revenue
By Gambling Insider
According to local reports, Nigeria wishes to make lottery a major source of revenue by introducing a central monitoring system.
Through the system, the country can ensure all earnings from the lottery will be provided to the Government.
The Director-General of the The National Lottery Regulatory Commission, Lanre Gbajabiamila, has announced the introduction of a monitoring system and said it will make all taxes and revenues payable to the Government.
Gbajabiamila said that, with these measures being enforced by the commission, the revenue coming from the lottery sector will be significant to the federal treasury.
Lottery Commission on course to contribute to federal treasury ― DG, Gbajabiamila tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
…10 Customers get N1m each in savings promo
As part of its efforts to boost savings culture in Nigeria, United Bank for Africa (UBA) Plc has rewarded 10 loyal customers to the tune of N1 million each in its just concluded ‘UBA savings Promo.
The promo is a new initiative of the bank which embraces all savings customers of the bank from the six geographical zones in Nigeria with the criteria of simply having saved a minimum of N10,000 in three months.
The electronic raffle draw, which was held virtually at the weekend, was witnessed by the relevant regulatory bodies including the National Lottery Regulatory Commission and Consumer Protection Council to ensure transparency and accountability.